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Benes, J and Diepeveen, W J (1985) Flexible planning in construction firms. Construction Management and Economics, 3(01), 25-31.

Ireland, V (1985) The role of managerial actions in the cost, time and quality performance of high-rise commercial building projects. Construction Management and Economics, 3(01), 59-87.

Lansley, P R (1985) Putting organization research into practice. Construction Management and Economics, 3(01), 1-14.

Ofori, G (1985) Managing construction industry development. Construction Management and Economics, 3(01), 33-42.

Ruegg, R T and Fuller, S K (1985) The economics of fire protection: fast-response residential sprinklers. Construction Management and Economics, 3(01), 43-57.

  • Type: Journal Article
  • Keywords: economic analysis; fire protection; life-cycle cost; net benefit analysis; risk-benefit analysis; sprinkler system
  • ISBN/ISSN: 0144-6193
  • URL: https://doi.org/10.1080/01446198500000005
  • Abstract:

    This paper develops and applies in selected cases a benefit-cost model for evaluating the economic efficiency of providing fire loss mitigation through the use of a newly adapted technology: Fast-response, residential sprinkler systems. The model calculates present value net benefits as they would accrue to the owner of a system. The nine selected hypothetical cases pertain to new, single-family dwellings in the United States. The cases assume an ’average’ level of fire risk to the homeowner as indicated by recent USA aggregate fire loss statistics, and sprinkler system effectiveness based on the results of laboratory and field tests. Break-even values are calculated for key decision variables. The model can be used to evaluate the economic efficiency of home sprinkler investments under alternative conditions. The results that are presented here, though based on hypothetical cases, have implications of interest to members of the research and building communities who are concerned about economics of home fire protection.

White, A (1985) The critical path method and construction contracts: a polemic. Construction Management and Economics, 3(01), 15-24.